Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

INFINERA CORPORATION

(INFN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Infinera : South Reach Networks Offers New Services Powered by Infinera's Industry-leading Open Optical Solutions

08/31/2021 | 09:35am EDT

San Jose, Calif., and Miami -- Infinera (NASDAQ: INFN) and South Reach Networks (SRN) announced today that SRN's southeast U.S. long-haul and metro networks are now live. Powered by Infinera's GX Series Compact Modular Platform, the network offers new high-speed Ethernet and Wavelength services to connect data centers, service providers, and enterprise customers across the Southeast.

SRN's new, low-latency fiber optic network spanning over 400 miles along the coast of Florida coupled with Infinera's GX G30 platform provides industry-leading high-speed, highly reliable data center services closer to customers and into traditionally underserved areas.

"South Reach Networks is one of the first to offer such robust options for lit services from Miami to Jacksonville, and to provide new diverse fiber services to the growing communities in the Central East Coast that historically had limited fiber options for these types of services," said Kevin Rocks, EVP Sales and Marketing for South Reach Networks. "Deploying industry-leading solutions like Infinera's GX G30 platform across our network infrastructure enables us to offer customers 10G, 100G, and 400G Ethernet and Wavelength services today while also positioning our network to seamlessly expand to 800G in the future."

"Infinera's GX G30 platform is an ideal solution for innovative network operators to quickly, easily, and cost-effectively launch the latest high-speed services to a diverse set of customers," said Nick Walden, Senior Vice President, Worldwide Sales, Infinera. "Infinera is delighted to partner with South Reach Network to bring these types of differentiated services to a broader set of customers."

Contacts:

Infinera Media:

Anna Vue

Tel. +1 (916) 595-8157

avue@infinera.com

South Reach Networks Media:

media@srnetworks.net

Infinera Investors:

Amitabh Passi

Tel. +1 (669) 295-1489

apassi@infinera.com

About South Reach Networks

South Reach Networks is an established, Florida-based telecommunications infrastructure provider. South Reach Networks constructs, owns, and operates its Metro & Long-Haul Fiber Optic Network. With direct routes into its Carrier Class & Neutral Data Centers, the robust network spans over 400 miles along the East Coast of Florida. South Reach Networks provides customers global and domestic reach to the ever-expanding ecosystem of carriers, subsea, enterprise, and wireless operators. Visit SRNetworks.net for more information.

About Infinera

Infinera is a global supplier of innovative open optical networking solutions that enable carriers, cloud operators, governments, and enterprises to scale network bandwidth, accelerate service innovation, and automate network operations. Infinera solutions deliver industry-leading economics and performance in long-haul, submarine, data center interconnect, and metro transport applications. To learn more about Infinera, visit www.infinera.com, follow us on Twitter and LinkedIn, and subscribe for updates.

Infinera and the Infinera logo are registered trademarks of Infinera Corporation.

This press release contains forward-looking statements, including but not limited to the technical, financial, and operations benefits of Infinera GX Series Compact Modular Platform. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results may vary materially from these expectations as a result of various risks and uncertainties. Information about these risks and uncertainties, and other risks and uncertainties that affect Infinera's business, is contained in the risk factors section and other sections of Infinera's Quarterly Report on Form 10-Q for the Fiscal Quarter ended June 26, 2021 as filed with the SEC on August 3, 2021, as well as any subsequent reports filed with or furnished to the SEC. These reports are available on Infinera's website at www.infinera.com and the SEC's website at www.sec.gov. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies and can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.

.

(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

All news about INFINERA CORPORATION
10/19INFINERA : to Announce Fiscal Third Quarter 2021 Financial Results on November 3, 2021
AQ
10/18INFINERA : JPMorgan Downgrades Infinera to Underweight from Neutral, Adjusts Price Target ..
MT
10/13INFINERA : Telstra Deploys Infinera's Coherent 800G Solution Across Dispersion-managed Sub..
AQ
10/13INFINERA : Coherent Evolution, ROADMs, and Next-generation IP Networks
PU
10/13INFINERA : Telstra Deploys Infinera's Coherent 800G Solution Across Dispersion-managed Sub..
GL
10/13Telstra Deploys Infinera Corporation's Coherent 800G Solution Across Dispersion-Managed..
CI
10/07INFINERA : Face-to-Face Meetings Bring New Optical Networking Vibes
PU
09/30INFINERA : Coherent Point-to-Multipoint Pluggable Optics to the Rescue
PU
09/28NORTH AMERICAN MORNING BRIEFING : Stock Futures -3-
DJ
09/27NORTH AMERICAN MORNING BRIEFING : Stock Futures -2-
DJ
More news
Analyst Recommendations on INFINERA CORPORATION
More recommendations
Financials (USD)
Sales 2021 1 410 M - -
Net income 2021 -93,6 M - -
Net Debt 2021 411 M - -
P/E ratio 2021 -14,1x
Yield 2021 -
Capitalization 1 554 M 1 554 M -
EV / Sales 2021 1,39x
EV / Sales 2022 1,24x
Nbr of Employees 3 050
Free-Float 98,0%
Chart INFINERA CORPORATION
Duration : Period :
Infinera Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INFINERA CORPORATION
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Last Close Price 7,45 $
Average target price 10,41 $
Spread / Average Target 39,7%
EPS Revisions
Managers and Directors
David W. Heard Chief Executive Officer & Director
Nancy Erba Chief Financial Officer
George Andrew Riedel Chairman
Greg Greco Senior VP-Global Research & Development
Craig S. Cocchi Senior Vice President-Global Operations
Sector and Competitors
1st jan.Capi. (M$)
INFINERA CORPORATION-28.91%1 554
CISCO SYSTEMS, INC.23.15%232 439
MOTOROLA SOLUTIONS, INC.46.73%42 252
ERICSSON2.08%38 690
FOXCONN INDUSTRIAL INTERNET CO., LTD.-15.70%35 909
NOKIA OYJ62.14%33 556